EDMONTON, ALBERTA--(Marketwired - March 26, 2015) - North Country Gold Corp. (TSX VENTURE:NCG) ("North Country" or the "Company") announced today that it granted stock options to officers and directors to purchase up to an aggregate of 4,400,000 common shares of North Country under the Company's stock option plan. The stock options are exercisable at a price of $0.10 per share, which vest immediately and expire on March 26, 2020.
About North Country Gold Corp.
North Country's primary asset is the gold-rich Committee Bay Greenstone Belt located 180 kilometres ("km") northeast of the Agnico Eagle's Meadowbank gold mine in Nunavut Canada. It is one of the largest under-explored greenstone belts in Canada with numerous drill-ready high-grade gold targets. The project currently encompasses 163,485 acres along the 300km long belt and has identified 5 distinct exploration centres with numerous high-grade gold drill intercepts.
North Country and joint venture partner Auryn Resources are combining expertise to jointly explore and unlock the district scale potential of the Committee Bay Greenstone Belt.
On behalf of the Board of Directors:
North Country Gold Corp.
Brian Budd
For more information on North Country Gold Corp., please visit the company's website: www.northcountrygold.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.